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Companies Law - Highlights / Catch Notes

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Petitioners sought condonation of delay in filing belated annual ...


Delayed filings denied fee waiver. Pay late fees for restoration. Court upholds previous order's condition. No relief beyond granted.

Case Laws     Companies Law

July 10, 2024

Petitioners sought condonation of delay in filing belated annual returns and balance sheets without paying additional fees. The Court held that despite the existence of a scheme for condonation of delay, it had not extended the benefit to the Petitioners in its previous order dated 11.02.2021. The Court had only directed restoration of the Petitioners' names subject to payment of requisite fees, implying late fees. The Petitioners cannot now seek relief not granted in the previous order. They must pay the late fees for restoration of their names. The petition was dismissed.

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